“The investment business has taught me – increasingly as the years have passed – that people, especially investors (and, I believe, Americans), prefer good news and wishful thinking to bad news; and that there are always vested interests to offer facile, optimistic alternatives to the bad news.” PeopleThinkingYearsBelieveI BelieveInterestTaughtOffersNewsInvestmentOptimisticAlternativesInvestorsGood NewsBad NewsWishful ThinkingVested Interests Author:Jeremy Grantham
“You don't actually find a strong correlation between- top-line GDP growth and making money in the market. It- it seems like you should. The fastest-growing countries should give you the highest return. They simply don't. But, there's only four of us- that- that believe that story. Everyone else in the world believes that if you grow fast like China, you'll outperform in the stock market.” IfsWorldGivingShouldBelieveCountryStoriesSeemsStrongGrowsGrowthLinesFourGrowingLike YouReturnHighestChinaMaking MoneyCorrelationGdp Author:Jeremy Grantham
“I believe the only things that really matter in investing are the bubbles and the busts” BelieveMatterI BelieveInvestingBubbles Author:Jeremy Grantham
“Capitalism believes that its remit is exclusively to make maximum short-term profits.” BelieveTermCapitalismProfitMaximumShort Term Author:Jeremy Grantham
